Effective Planning of Resource Management

Effective Planning of Resource Management is very essential required for the completion of the project within the given time and cost as planned during the planning stage. In today?s current situation, where because of inflation, the cost of resources keep on increasing, it has become very much necessary to complete the project in a economical cost and within the committed date of Project handover date, as Many of the Projects are left in between because investors lose interest in them as they find the project either too costly or too late for acquiring their possession in the project. Hence in order to prevent any such condition there is a huge requirement of having a Efficient Planning of Resource Management on Site. This study shows how effective planning of Resource Management is done on project Site. In this study, All the Resources utilized for the completion of the site are divided into four Major Categories which are Material Management, Human Resource Management, Finance Management and Plants, Tools, Equipments and Machineries Management. Here in this study, it has been shown that Effective Planning of the Individual Resources results in overall Effective Planning of the Entire Resource Management which helps Construction related people to achieve their Targets in completing the Project successfully within given time. To support this Result, A Case Study of a Construction Site of a G + 3 storey Residential Building is taken and resources utilized for the construction of this project are taken to prove this study